๐ How many Bitcoin Have you lost your addresses? A scheme that tells the bigger story.
This chart illustrates the percentage of Bitcoin addresses where the average purchase price is higher than the current market price - indicating that they are at a loss.
๐ It is a strong visual indicator of market trends over time. Typically:
๐ A low percentage of lost addresses = excessive trust, and potential for correction
๐ High ratio = Surrender, fear, and potential bottom formation
๐ก Historically, the peak loss (>50-60%) served as bottoms for bear markets: 2015, 2018, 2020, 2022. Each was followed by a significant rise.
๐ข Today, the percentage of losing addresses has reached levels close to its historical lows, indicating that:
Most shareholders are in profit
The bull market is in full strength.
Short-term fluctuations may occur in the event of a market upturn.
๐Summary:
This metric confirms the strength of the market, most of which is in good shape. But remember: when everyone is making profits, emotions can change quickly. Stay calm.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
#GT# #BTC# #XRP# #ETH# #DOGE# ๐ฐ๐ฏ๐ฎ๐๐ธ๐ช๐ธ๐
๐ How many Bitcoin
Have you lost your addresses? A scheme that tells the bigger story.
This chart illustrates the percentage of Bitcoin addresses where the average purchase price is higher than the current market price - indicating that they are at a loss.
๐ It is a strong visual indicator of market trends over time. Typically:
๐ A low percentage of lost addresses = excessive trust, and potential for correction
๐ High ratio = Surrender, fear, and potential bottom formation
๐ก Historically, the peak loss (>50-60%) served as bottoms for bear markets: 2015, 2018, 2020, 2022. Each was followed by a significant rise.
๐ข Today, the percentage of losing addresses has reached levels close to its historical lows, indicating that:
Most shareholders are in profit
The bull market is in full strength.
Short-term fluctuations may occur in the event of a market upturn.
๐Summary:
This metric confirms the strength of the market, most of which is in good shape. But remember: when everyone is making profits, emotions can change quickly. Stay calm.